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Understanding Price Protection

Published: July 2, 2015

These days there are a lot of questions regarding price protection. As you know, the price of fuel can fluctuate wildly over the heating season. Sometimes, it fluctuates only by a few pennies, and sometimes it can jump dollar amounts in a short time frame. This can change the costs for heating your home overnight.

Price Protection is just what it sounds like; it is protecting you from the often wild price fluctuations of the market. No one knows exactly what the market will do on a given year, (or even day to day!) things like world events, supply & demand, politics and more, can effect what happens with the price.  It is hard to say what the “best plan” is for a heating season until that season is over. That’s why we take the time to explain all of your options and let you choose what works best for you.

How price protection works is this… You ask us to reserve a certain number of gallons of fuel for the season by entering into a legal contract with us. We then go out and purchase those gallons on the futures market for you, with our suppliers. We do this to honor our commitment to you. If you choose our cap plan, we purchase that protection for you. That way we are able to honor our fair price guarantee and fluctuate our price to a fair market value, that is something many of our competitors do not do. They claim to be providing the downside protection, yet the delivery prices never actually reflect a fair market price.

Right now, we’re seeing lower prices. This is due to increased US production of oil combined with lessening demand in Europe. And then there is Saudi Arabia’s recent decision to defend its market share by cutting prices. What this means is consumers are seeing the lowest prices in years. This is great news for consumers and we hope it continues!

Customers who have selected the Bottini Price Protection plan with downside protection saved $250 or more, on average, last heating season. What this Price Protection plan does is sets the highest price that you will pay for fuel over the heating season. What if the daily price of fuel is lower? You will pay the lowest price. Why you ask?? Because…  We’ve got you covered! 

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Understanding Price Protection

We Have An Option Thats Right For You

As we all struggle to navigate these difficult economic times, be careful chasing the “deal” of the moment. Prices will go up and down, discounts come and go. Limiting your fuel use always pays off; however that is not always a realistic option. Choose a company that offers Guaranteed Fair Pricing to not just new customers, but to every customer.

We have some terrific ways to help you permanently cut your bills while increasing your home comfort. Let us be your energy savings partner.

Automatic Delivery

Easy. Convenient. Peace of Mind.
Never have to worry about needing fuel. Learn more about Automatic Delivery here.

Price Protection

The price of oil is much more volatile on a day-to-day basis, than it was in the past. We offer several options for limiting your risk. Learn more about your price protection options here.

Monthly Budget

Shield yourself from high winter heating bills. A budget spreads out your estimated usage for the season and breaks it up into predictable monthly payments. Learn more how this could work for you.

Service Plans

A Comfort Care plan for your heating unit is like health insurance for your body. We’ve spent years creating the programs that best meet the needs of our customers. Our customers have been depending on our service since 1951. If you lose heat - at any time of the day or night - our experienced technicians are at your service. Learn more about our service plans here.

Guaranteed Fair Pricing

Guaranteed Fair Pricing

When it comes to helping you control your heating costs, our role is to provide choices to you and then honor what you want us to do.  Keep in mind that there are many different ways to purchase your heating oil and protect your price, but there is no perfect program guaranteed to save you money year after year.

At Bottini, we're transparent about our pricing. Check our prices below to see how they stack up against the state-wide averages.

Rest assured, Bottini's prices are an excellent value and you can always count on us for Guaranteed Fair Pricing.  For the eight year in a row our average price has been below the average price in New York State, as posted by the  New York State Energy Research and Development Authority (NYSERDA).

Average Heating Graph

How does Bottini Fuel Compare to the Hudson Valley Averages?

Source: NYSERDA, "New York Home Heating Oil Price Monitoring Program". Dealers are surveyed weekly from September through March; April through August, the survey is conducted twice a month.

#2 Fuel Oil 
Last Updated: 11/23/15

Bottini Fuel Price -- Lower Hudson Valley State Average -- Lower Hudson Valley







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